Dev Labtech Venture Limited
ListedSMEManufacturing · BSE
Incorporated in 1993, Dev Labtech Venture Limited is a premier manufacturer of lab-grown diamonds and jewelry. Headquartered in Bhavnagar, Gujarat, the company also operates through its sales offices. Initially focused on processing natural diamonds, Dev Labtech has recently expanded into manufacturing lab-grown diamonds. Over the years, the company has developed expertise in mapping, designing, cutting, and polishing, ensuring optimal output with minimal wastage. With an in-house technical and design team, the company maintains stringent quality checks at every stage of production to ensure superior products. Dev Labtech continues to expand its product line, striving to offer complementary products to enhance its portfolio.
Price Band
₹51
Issue Size
₹11.22 Cr
Lot Size
2000 shares
GMP
₹4
+7.8%
Est. Listing
₹55
at current GMP
Subscribed
5.47x
overall
Open
17 Mar 2023
Close
21 Mar 2023
Allotment
24 Mar 2023
Refund
25 Mar 2023
Demat Credit
26 Mar 2023
Listing
29 Mar 2023
Last updated 12 days ago
Overall Subscription
5.47x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
0.00x
High Net-Worth
Retail (RII)
0.00x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| Qualified Institutional (QIB) | 1,100,000 | — | 0.00x |
| Non-Institutional (NII / HNI) | 330,000 | — | 0.00x |
| Retail Individual (RII) | 770,000 | — | 0.00x |
| Total | 2,200,000 | 0 | 5.47x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 385 | 2,106 | 5.47x |
| HNIs (10L +) | 2 | 11 | 5.50x |
| HNIs (2-10L) | 12 | 66 | 5.50x |
| Total Applications | 399 | 2,183 | 5.47x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Dev Labtech Venture Limited Public Issue & Market Profile
Dev Labtech Venture Limited is bringing an initial public offering (IPO) in the Manufacturing sector with an aggregate issue size of ₹11.22 Crores. The shares are offered at a price band of ₹51 to ₹51 per equity share on BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Bidding & Quota Instructions:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Allotment Reconciliation Schedule:
Following the close of bidding on 2023-03-21, the basis of allotment is scheduled to be finalized on 2023-03-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Dev Labtech Venture Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Dev Labtech Venture Limited IPO is ₹4 per equity share. Based on the upper price band of ₹51 to ₹51 per equity share, the estimated listing price is ₹55 (+7.8% expected listing gain).
What is the expected profit per lot for Dev Labtech Venture Limited IPO?
With a lot size of 2000 shares and current GMP of ₹4, the expected profit per application lot is approx ₹8,000 (+7.8% gain). Minimum application cost is approx ₹1,02,000.
What is the issue size and price band for Dev Labtech Venture Limited IPO?
The Dev Labtech Venture Limited IPO aggregate issue size is ₹11.22 Crores with an equity price band set at ₹51 to ₹51 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,02,000.
How can I check Dev Labtech Venture Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 5.47x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.
Where and when will Dev Labtech Venture Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2023-03-24. Investors can verify status using PAN card or application number.
When is the listing date for Dev Labtech Venture Limited IPO?
Dev Labtech Venture Limited shares are scheduled to list on BSE on 2023-03-29.